MIC

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I noticed MIC is on your Bull list, but the growth rating from your screener is on the lower end at 1.8. I know your screeners are based on algorithms and I know you do additional research and add stocks to your Bull list, if you come to that conclusion. But, if I were to look at the screener’s score I might not necessarily look to do my own research on that company. How do you pick which stocks to consider for your Bull list? Or, how can I best use the screener to help add to my positions or add companies? Thanks!

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Asked on October 4, 2020 4:25 pm
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Keep in mind, Genworth MIC is on our Dividend Bull List, not our Growth Bull List.

So, if you go to our dividend screener here

Our Dividend Stock Screeners

You'll actually see that Genworth has one of the best ranked dividend safety scores out of the 200+ stocks we track on our dividend safety screener.

The company is going to experience shrinking earnings growth this year and potentially next year, so our growth screener would definitely not like this. However, a 6%+ dividend yield and some very low payout ratios makes it a perfect pick for income orientated investors.

We'd usually be cautious about shrinking earnings for an income stock as well. But considering the current economic conditions, we view this as temporary, and Genworth should get back to single digit growth in terms of earnings once the pandemic effects reside.

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Posted by Dan Kent
Answered on October 4, 2020 4:35 pm
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